Ministry of Power Announces Waiver of Inter-State Transmission Charges and Losses for Solar and Wind Projects

Ministry of Power Announces Waiver of Inter-State Transmission Charges and Losses for Solar and Wind Projects

The Ministry of Power has announced a waiver of inter-state transmission charges and losses for wind and solar projects in a push to encourage the growth of renewable energy generation ...
/ / Markets & Policy, Solar
US Presses for Rapid Enforcement of WTO Ruling in India Solar Domestic Content Case

US Presses for Rapid Enforcement of WTO Ruling in India Solar Domestic Content Case

The United States is pressing the World Trade Organization (WTO) for rapid enforcement of findings where the WTO rejected India’s appeal of their ruling in favor of the U.S. challenge ...
/ / Markets & Policy, Solar
Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year's Numbers

Solar Renewable Energy Certificate Trade Volume in 2016 Surpasses Last Year’s Numbers

Solar Renewable Energy Certificates (RECs) started trading in India in 2012 and have been growing steadily since the first year trading volume of 6,288. In 2014, there was a slight ...
/ / Markets & Policy, Solar
paris climate agreement

India Ratifies Paris Climate Change Agreement

On October 2, 2016, India became the 62nd country to ratify the Paris Agreement. The agreement requires every ratifying member country to come up with a national plan to curb ...
/ / Markets & Policy, Solar
Azure Power

Azure Power Revises its IPO Down To $75 Million

Azure Power has revised its Initial Public Offering (IPO). With the revised filing, Azure Power plans to raise $75 million (~Rs.5 billion) in place of the previously proposed $140 million ...
/ / Finance and M&A, Solar
NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

National Thermal Power Corporation (NTPC) has listed green masala bonds worth Rs.20 billion (~$300 million) on the Singapore Exchange (SGX). With this listing, NTPC expects to tap into investors with ...
/ / Finance and M&A, Solar
Installation Alert: Cumulative Solar Installations in India Cross 8.6 GW

Installation Alert: Cumulative Solar Installations in India Cross 8.6 GW

Cumulative solar installations in India have reached 8,643 MW as of September 2016. Mercom is forecasting solar installations to reach approximately 4.8 GW for calendar year 2016. So far installations ...
/ / Solar, Utility Scale
Piyush Goyal

Power Ministry Looking into Stricter Enforcement of ‘Must Run’ Status for Renewable Projects

India’s Minister of State with independent charge for power, coal and renewable energy, Shri Piyush Goyal, spoke to reporters on the side-lines of Indian Electrical and Electronics Manufacturers’ Association (IEEMA) ...
/ / Markets & Policy, Solar
Bid-Submission Deadline to Install 10 MW Solar Project at Paradip Port Trust Extended

Bid-Submission Deadline to Install 10 MW Solar Project at Paradip Port Trust Extended

The bid submission deadline to install a 10 MW solar power project at the Paradip Port Trust (PPT) premises in Odisha for self-consumption has been extended to October 7, 2016 ...
/ / Solar, Tenders & Auctions
Indian States Submit Proposal to Replace 1 GW of Conventional Energy with Solar

Indian States Submit Proposal to Replace 1 GW of Conventional Energy with Solar

The states of Andhra Pradesh, Bihar, Telangana, Chhattisgarh and Uttar Pradesh (UP) have submitted proposals to the Ministry of New and Renewable Energy (MNRE) to replace a combined 1,067 MW ...
/ / Markets & Policy, Solar
NTPC Invites Bids for 250 MW DCR Solar Projects at Pavagada Solar Park

NTPC Invites Bids for 250 MW DCR Solar Projects at Pavagada Solar Park

The National Thermal Power Corporation (NTPC), the country’s single largest electricity generator, has invited bids for 250 MW of solar capacity in the Pavagada Solar Park in Karnataka as part ...
/ / Solar, Tenders & Auctions
IREDA Proposes Credit Enhancement Guarantee Program for Bond Issuance by Solar Developers

IREDA Proposes Credit Enhancement Guarantee Program for Bond Issuance by Solar Developers

Indian Renewable Energy Development Agency (IREDA) has proposed a “credit enhancement guarantee program” aimed at bond issuance by developers for solar and wind energy projects which have been in operation ...
/ / Markets & Policy, Solar
Solar Bids Hit Low of Rs.3/kWh in the SECI 500 MW Rooftop Auction

Solar Bids Hit Low of Rs.3/kWh in the SECI 500 MW Rooftop Auction

The Solar Energy Corporation of India (SECI) has released a country-wide list of lowest prices from the 500 MW rooftop capacity auction. The list reveals some of the lowest tariffs ...
/ / Solar, Tenders & Auctions
HERC Quadruples Incentives Provided for Rooftop Solar in Haryana

HERC Quadruples Incentives Provided for Rooftop Solar in Haryana

The Haryana Electricity Regulatory Commission (HERC) has raised the incentive offered by the state government for rooftop solar systems. Starting August 2016 through the end of the current financial year, ...
/ / Rooftop, Solar
Low Demand and Financial Health of State DISCOM Forces MAHAGENCO to Shut Down Power Projects - Solar Not Affected

Low Demand and Financial Health of State DISCOM Forces MAHAGENCO to Shut Down Power Projects – Solar Not Affected

Maharashtra State Power Generation Company (MAHAGENCO) has been forced to shut down four of its thermal power projects in the state due to poor offtake by the state power distribution ...
/ / Markets & Policy, Solar
Madhya Pradesh Announces Decentralized Renewable Energy Policy with a Focus on Rooftop Solar

Madhya Pradesh Announces Decentralized Renewable Energy Policy with a Focus on Rooftop Solar

Madhya Pradesh has released its “Renewable Energy Policy for Decentralized Renewable Energy Systems, 2016” after receiving cabinet approval in Bhopal on Friday, September 23. The policy is expected to drive ...
/ / Markets & Policy, Solar
Azure Power Sets Terms for IPO on NYSE

Azure Power Sets Terms for IPO on NYSE

Azure Power, an Indian solar project developer, has set terms for its initial public offering (IPO) in New York. The IPO will comprise of 6.82 million shares priced between $21 ...
/ / Markets & Policy, Solar
APERC Proposes New RPO Targets

APERC Proposes New RPO Targets

The Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed a new renewable purchase obligation (RPO) target for the next five years. The commission has proposed an extremely aggressive RPO target ...
/ / Markets & Policy, Solar
TNERC Tariff Order of Rs.7.01/kWh Appealed by Energy Watchdog

TNERC Tariff Order of Rs.7.01/kWh Appealed by Energy Watchdog

Energy Watchdog, an NGO, has filed a petition against Tamil Nadu Electricity Regulatory Commission (TNERC) and Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for extending the control period for solar ...
/ / Markets & Policy, Solar
Adani Commissions 648 MW Solar Project in Tamil Nadu After Evacuation Delays

Adani Commissions 648 MW Solar Project in Tamil Nadu After Evacuation Delays

Adani Green Energy has successfully commissioned a 648 MW solar project in Kamuthi, Tamil Nadu. The cost of the project was $679 million (~Rs.45.6 billion) and took eight months to ...
/ / Solar, Utility Scale
NTPC Auctions 100 MW DCR Category Solar Projects

NTPC Auctions 100 MW DCR Category Solar Projects

The National Thermal Power Corporation (NTPC) has auctioned 100 MW solar projects under the domestic content requirement (DCR) category at the Pavagada solar park in Tumkur, Karnataka. The winning projects ...
/ / Solar, Tenders & Auctions
SECI Auctions 450 MW of Solar Capacity in Maharashtra, Average VGF Bids fall by 62%

SECI Auctions 450 MW of Solar Capacity in Maharashtra, Average VGF Bids fall by 62%

The Solar Energy Corporation of India (SECI) has auctioned off 450 MW of solar projects to be developed in Maharashtra as part of the National Solar Mission (NSM) Phase-II, Batch-IV, ...
/ / Solar, Tenders & Auctions
With Low Demand and Cheaper Power on Exchanges, DISCOMs Flouting Solar's ‘Must Run' Status

With Low Demand and Cheaper Power on Exchanges, DISCOMs Flouting Solar’s ‘Must Run’ Status

According to Mercom Capital Group’s latest report, India Solar Quarterly Market Update, the power deficit numbers in India do not paint the full picture. Though low power deficit and even ...
/ / Markets & Policy, Solar
India Loses WTO Solar Appeal but May Find Other Ways to Subsidize Domestic Manufacturers

India Loses WTO Solar Appeal but May Find Other Ways to Subsidize Domestic Manufacturers

The World Trade Organization (WTO) upheld its earlier ruling and has rejected India’s appeal against Domestic Content Requirements (DCR) for manufacturing solar cells and modules and agreed that India’s localization ...
/ / Markets & Policy, Solar
September Snapshot of The India Solar Sector from Developers and Bankers

September Snapshot of The India Solar Sector from Developers and Bankers

What Developers are saying Delays in state government projects are common. Land acquisitions are a big problem in states. Grid connection and evacuation is a big issue that needs to ...
/ / Markets & Policy, Solar